Weathering the storm: Building resilience against climate disruptions

Open Resource

Year Published

2024

Contributing Organizations

Association of Chartered Certified Accountants (ACCA)

Type of Resource

Research/Insights Report

Languages

English

Relevant Topics

Core Topic

Adaptation & Resilience

Topic 2

Core Climate Capabilities

Target Audience

Financial Services Providers

Real Economy Corporates

Relevant Geography

Global

Open Resource

Resource Description

This resource highlights the need for businesses to strengthen preparedness for climate-related disasters, emphasizing the role of CFOs and finance teams in building resilience.

Why This Matters

As climate risks escalate, finance teams are central to ensuring business continuity, managing risk, and supporting long-term organizational resilience.

Key Insights

Only 20% of organizations are adequately prepared for climate shocks; many lack current business continuity plans
Recommends finance teams lead scenario testing, crisis planning, and climate risk assessment
Provides toolkits to support resilience-building within financial functions
Urges transparency in emissions targets and transition planning as part of climate readiness

Secondary File Resources

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